📉 Gold Price in Pakistan Drops by ~Rs2,700 Per Tola
• Significant Local Decline
Gold prices in Pakistan fell sharply, with the **24-karat gold rate dropping about Rs2,700 per tola to around Rs444,162, according to the All-Pakistan Gems and Jewellers Sarafa Association.
The 10-gram rate also dipped by over Rs2,300.
• Linked to Global Market Weakness
The fall mirrors a downturn in international bullion prices, as global gold rates eased, putting pressure on domestic rates.
• Volatility Still Present
Gold in Pakistan has shown recent swings — rising one day and falling the next — reflecting ongoing volatility and sensitivity to global market trends.
💡 Expert Insight:
Gold often moves in tandem with international bullion markets and the strength of major currencies like the U.S. dollar. Local drops like this can be driven by profit-taking and global price pressure, even if long-term demand remains intact.
#GoldPrices #PakistanEconomy #GoldMarket #InvestmentTrends #MarketVolatility $XAG $PAXG
